Building Details

Year Built 1927

Listing Agency: Fulton Grace l***@fultongrace.com Show Phone

Listed By: Lawrence Dunning · License #IL 475164126

Source: Crexi

Added: Feb 5 Changed: Aug 8 Last Checked: Aug 8 at 6:33AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fulton Grace

Investment Insights

Based on property information with market context.

This is an 8-unit building located in the Chatham neighborhood. The property has been recently renovated and is currently configured as a mix of one-bedroom and two-bedroom units. The property is intended for long-term investors seeking to maximize cash flow and upside appreciation. The building generates a monthly rent roll of $9,200.

Key Highlights

• Turnkey 8‑Unit Building
• Located in Booming Chatham
• 11 CAP Rate

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Gym & Fitness Center Skin Care Clinic Kitchen & Bath Showroom Cafe & Coffee Shop HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,287

Businesses Nearby

Explore this area Business Placement

Demographics for 60619, IL

63,303

Population

33,547

Households

1.9

Avg Household Size

43

Median Age

27%

College-Educated

90%

High-School Grad

6.1 sq mi

ZIP Area

10,378

Density / Sq Mi

$43,403

Median Household Income

$35,672

Median Earnings

$1,054

Median Rent

$213,000

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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Frequently Asked Questions

What type of property is this?

Apartment building - Recently rehabbed 8-unit building in Chicago's Chatham neighborhood.

Where is this apartment building located?

The property is located at 8209 S EVANS Avenue Chicago, IL.

What is the asking price?

The asking price for this property is $775,000.

What are key features of this property?

This property features: Turnkey 8‑Unit Building; Located in Booming Chatham; 11 CAP Rate